Article

As the business of the metaverse grows, so do the legal questions around it With the increasing popularity and acceptance of the metaverse, as well as the sale of crypto properties and items, we are confronted with the question of the type of ownership associated with them and to what extent the owner is entitled […]...

Ukrainian martial law continues to undergo reform and development. In this regard, the Law of Ukraine “On Introducing Amendments into Certain Laws Regarding the Optimisation of Labour Relations” of 19 July 2022 (the “Law”) has introduced the following developments highlighted below. (1) Employers have become exempt from an obligation to pay an average salary to […]...

Introduction It is a typical scenario: there are younger beneficiaries who want investments to be made into crypto assets, an asset class which did not exist a decade ago, which has a low correlation with traditional assets, which is highly volatile and about which the beneficiaries are very enthusiastic. There are older trustees and board […]...

Structures and applicable law Types of transaction How many publicly listed businesses combine? By far the most important transaction structure in Austria in practice remains the acquisition of a (controlling) stake,combined with, or followed by, a public tender offer. More recent takeover practice has seen the use of businesscombination agreements (eg, Vonovia/BUWOG and, with the […]...

↓ Part I: Cross-border recognition of restructuring proceedings – Amendment to the European Insolvency Regulation ↓ Part II: Implementation of the Restructuring Directive ↓ Croatia: paving the way for restructuring ↓ Hungary: sneak peek at the new restructuring regime ↓ Romania: implementation of the Restructuring Directive ↓ Slovakia: latest changes to insolvency legislation ↓ Slovenia: […]...

The lease of agricultural lands has been simplified and streamlined by adopting the new law No. 2145-IX “On Amendments to Certain Legislative Acts of Ukraine Regarding Creation of Conditions to Ensure Food Security Under Martial Law” (the “Law “). The following are the improvements in this area: 1) The Law provides for the automatic extension […]...

Practical advice for businesses Objectives and restrictive measures The European Union has repeatedly adopted sanctions against Russia since March 2014 in response to the annexation of Crimea and Russia’s recognition of Donetsk and Luhansk, followed shortly by its military aggression against Ukraine. According to the latest information published by the European Council, these sanctions currently […]...

Introducing the New Deal for Consumers Part of the ongoing effort aimed at strengthening the rights of consumers in the European Union, and following the most recent implementation of the Digital Content Directive and the update of the Sale of Goods Directive as of 1 January 2022, another major update has arrived in the form […]...

(also available in Hungarian below) Background As a result of the recent electricity price increases, producers taking part in both the feed-in-tariff (FiT) and METAR support schemes have started to consider exiting the renewable support schemes, which has brought significant changes in the energy market. In response, the legislator firstly prohibited the possibility to re-enter […]...

The implementation of EU sanctions following the Russian invasion of Ukraine highlights the complexity of identifying assets owned by oligarchs, and which are hidden across different jurisdictions through complex legal and financial structures. So far, Member States have reported frozen assets worth EUR 9,9 billion and blocked EUR 196 billion worth of transactions. In recent […]...